Honduras Targets 7%

Mar 11, 2013

Honduras emerged with 7%-area price talk Friday while opting to wait until today to price a benchmark-size 2024 bond, according to sources following the transaction. The sovereign was reported as citing "documentation issues" for the delay on what would be its debut in the international DCM. The B+/B2 Central American sovereign had opened books Thursday and aimed to price Friday, with Dominican Republic (B+/B/B1) and El Salvador...

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